Background*

Mr. Jan Fredrik Baksaas has been the Chief Executive Officer and President at Telenor ASA since June 21, 2002. Mr. Baksaas has been the President and Chief Executive Officer of Telenor Slovakia S.R.O since June 21, 2002. He joined Telenor ASA in 1989 and served as its Deputy Chief Executive Officer since 1997. He served as Senior Executive Vice President of Telenor ASA from 2001 to 2002 and also served as its Chief Financial Officer from 1994 to 1997 and Executive Vice ... President from 1997 to 2001. He served as the Managing Director of Telenor Bedrift AS from 1997 to 1998. Mr. Baksaas served as Director of Corporate Finance and Executive Vice President of TBK AS and also served as its Chief Executive Officer from 1992 to 1994. He served as the Chief Finance Officer of TBK AS from 1989 to 1992. He has held finance positions at Stolt-Nielsen Seaway and Det norske Veritas. He served as the Chief Finance Director of Aker ASA from 1988 to 1989. He served at Stolt Nielsen Seaway AS, Oslo and Haugesund as Chief Finance Director from 1985 to 1988. He served at Det Norske Veritas as System Consultant/Controller/Contract Coordinator from 1979 to 1985. He serves as the Chairman of Gsma Ltd. He served as an Acting Chairman of Gsma Ltd. since October 2013 and served as its Deputy Chairman since January 2011. He serves as a Deputy Chairman of Board at GSM Association. He has been a Director at Svenska Handelsbanken AB since 2003. He has been a Director of GSM Association since January 2009. He serves as a Member of the Council of Stiftelsen Det Norske Veritas. He served as a Member of Supervisory Board at VimpelCom Ltd. from December 5, 2011 to December 8, 2014. He served as a Director of VimpelCom Ltd. from April 2010 to June 2011. He served as a Director at Aker ASA from March 2005 to December 25, 2008. He served as a Director of Aker Solutions ASA. Mr. Baksaas holds a Masters of Science degree from the Norwegian School of Economics and Business Administration in Bergen, Norway, and additional qualifications from the International Institute for Management Development in Lausanne, Switzerland.

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